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GEITHNER SELLOUT: QUICK SETTLEMENT WITH WALL STREET

31 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

SEE taking-justice-off-the-table-2-cent-settlement SUBMITTED BY E. TOLLE The great whitewash is here. We’ve been setup once again. Sold down the river. (Reuters) – 3/15/2011- A comprehensive settlement between U.S. authorities and banks over alleged mortgage servicing abuses needs to be reached quickly to help the housing market heal, Treasury Secretary Timothy Geithner said on Tuesday. Geithner …

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LABOR DAY ABYSS

44 Comments / bubble, CDO, Corruption, Eviction, evidence, expert witness, foreclosure mill, GTC | Honor, HERS, investment banking, Modification, Mortgage, Motions, Pleading, securities fraud, Servicer, Statutes, trustee / By

EDITOR’s comment: Everyone seems to agree that nobody really knows the identity of the creditor in the millions of mortgage transactions that were created from 2001 to 2008. Yet the general consensus from the administration and the media is that these transactions should be enforced anyway. The idea of enforcing a transaction in which only …

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